legal risk


A description of the potential for loss arising from the uncertainty of legal proceedings, such as bankruptcy, and potential legal proceedings.

Use legal risk in a sentence

You need to make sure you know how much legal risk you are taking on and not bite off more than you can chew.

​ Was this Helpful? YES  NO 11 people found this helpful.

There was a legal risk involved and I was afraid of doing it and I thought things were going to change for the better.

​ Was this Helpful? YES  NO 6 people found this helpful.

In order to reduce legal risk from workmans compensation claims, ABC Company required all their employees to take work place safety training.

​ Was this Helpful? YES  NO 10 people found this helpful.

Show more usage examples...

Related Terms

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
legal rate of interest risk